Stock Analysis

The Bull Case for MINISO Group (MNSO) Could Change Following Flagship Amsterdam Store Launch – Learn Why

NYSE:MNSO
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  • On August 9, 2025, MINISO Group Holding opened its first flagship store in Amsterdam, marking an important milestone in its European expansion with a three-story, 1,000-square-meter retail space on Nieuwendijk Street featuring immersive IP-themed zones and over 4,000 products.
  • This new location highlights MINISO’s focus on engaging younger consumers with collectible toys and pop culture collaborations, reinforcing its commitment to adapting to evolving market trends in Europe.
  • We'll examine how MINISO's flagship Amsterdam launch impacts its investment narrative, especially with its immersive IP-focused retail approach.

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MINISO Group Holding Investment Narrative Recap

To own shares of MINISO Group Holding, you need conviction in its ability to drive international growth by leveraging flagship stores and IP collaborations to boost customer engagement and same-store sales. The Amsterdam launch is a high-profile addition to MINISO’s European network, but its short-term material impact may be limited compared to the broader risks around margin pressure from expansion costs and lower profitability in directly operated stores.

The December 2024 Madrid flagship store opening stands out as closely related, illustrating MINISO's ongoing efforts to anchor its European presence with immersive, IP-driven retail experiences, one of the company's main growth catalysts for increasing international revenue and customer loyalty.

However, investors should keep in mind that, despite these milestones, risks around rising store rollout expenses and lagging same-store sales, particularly in key overseas markets, remain significant for...

Read the full narrative on MINISO Group Holding (it's free!)

MINISO Group Holding's projections foresee CN¥29.9 billion in revenue and CN¥4.5 billion in earnings by 2028. This implies a yearly revenue growth rate of 19.1% and a CN¥2.0 billion increase in earnings from the current CN¥2.5 billion.

Uncover how MINISO Group Holding's forecasts yield a $22.74 fair value, a 15% upside to its current price.

Exploring Other Perspectives

MNSO Community Fair Values as at Aug 2025
MNSO Community Fair Values as at Aug 2025

Six community fair value estimates for MINISO Group Holding span from CN¥22.74 to CN¥44.06, revealing wide-ranging individual investor sentiment. While some expect greater upside from international expansion, others identify volatility in core profit drivers as a key point of debate, review these diverse perspectives to see how your view compares.

Explore 6 other fair value estimates on MINISO Group Holding - why the stock might be worth over 2x more than the current price!

Build Your Own MINISO Group Holding Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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About NYSE:MNSO

MINISO Group Holding

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in China, the rest of Asia, the Americas, Europe, Indonesia, and internationally.

Flawless balance sheet and undervalued.

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